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(iounci im cmbcr <br /> <br />introduced the following resolution and moved for its adoption: <br /> RESOLUTION #05-09-XXX <br /> <br />RI,;SOIJUTION ADOPTING ASSESSMENT FOR IMPROVEMENT PROJECT #05-02 <br />(SEAIJCOAT AND CRACKFILL AMBER RIDGE, BONA ADDITION, CEDAR HILLS, <br />CEi)AR ItlLLS 2N'~, CEDAR HILLS 3m~, CHESTNUT HILL, CHESTNUT HILL 2ND, <br />(:llESTNUT HILL 3~tD, CHESTNUT HILL 4TM, CHESTNUT HILL 5TM, CHESTNUT <br />POND, CIIESTNUT RIDGE, PONDVALE ESTATES, PONDVALE ESTATES 2ND, <br />RAMSEY COMMONS 2m), RAMSEY MEADOWS, RAMSEY MEADOWS 2N", <br />SECTION 24 (UNPLATTED), SECTION 26 (UNPLATTED), SUNFISH SQUARE, <br />SUNFISII SQUARE 2N~, SUNNY PONDS, SUNNY PONDS 2N~), SUNNY PONDS 3m~, <br />WINDEMERE WOODS, WlNDEMERE WOODS 2m), WOOD POND HILLS, WOOD <br />PONI) ItlLLS 2r~i~, WOOD POND HILLS 3m), WOOD POND HILLS 4T}t, WOOD POND <br />IIIIA~S 5TM) <br /> <br /> WIIEREAS, pursuant to proper notice duly given as required by law, the Ramsey City <br />Council has met and heard and passed upon all objections to the proposed assessment for the <br />hnprovcmcnt Project #05-02, which is Sealcoat and Crackfill of Amber Ridge, Bona Addition, <br />Cedar I l ills, Cedar Hills 2nd, Cedar Hills 3rd, Chestnut Hill, Chestnut Hill 2nd, Chestnut Hill 3rd, <br />Chcsmut lfill 4th, Chestnut Hill 5th, Chestnut Pond, Chestnut Ridge, Pondvale Estates, Pondvale <br />Estates 2"d, Ramsey Commons 2nd, Ramsey Meadows, Ramsey Meadows 2nd, Section 24 <br />(tJnplatted), Section 26 (Unplatted), Sunfish Square, Sunfish Square 2nd, Sunny Ponds, Sunny <br />Ponds 2''[, Sunny Ponds 3rd, Windemere Woods, Windemere Woods 2nd, Wood Pond Hills, <br />Wood Pond Hills 2nd, Wood Pond Hills 3rd, Wood Pond Hills 4th, Wood Pond Hills 5th, <br />(Improvement Project #05-02) and; <br /> <br />NOW TIlEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMS EY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />q'hat such proposed assessment, a copy of which is attached hereto and made a part <br />hereof, it hereby accepted and shall constitute the special assessment against the lands <br />named therein, and each tract of land therein included is hereby found to be benefited by <br />thc improvement in the amount of the assessment levied against it. <br /> <br />2) <br /> <br />That such assessment shall be payable in annual installments extending over a period of <br />three years, the first of the installments to be payable with the first tax rolls of 2006 and <br />shall bear interest at the rate of 6.0 percent annum from the date of the adoption of this <br />assessment resolution. To the first installment interest shall be added on the entire <br />assessment from the date of this resolution until December 31, 2006. To each subsequent <br />installment, when due, interest shall be added for one year on all unpaid installments. <br /> <br />Resolution #05-09-XXX <br />Page 1 of 2 <br /> <br /> <br />